(RTTNews) - United Natural Foods, Inc. (UNFI) on Tuesday reported a net profit for the third quarter, helped by a drop in expenses. However, the company posted a decline in net sales. In addition, United Natural Foods has revised its annual guidance
(RTTNews) - United Natural Foods, Inc. (UNFI) on Tuesday reported a net profit for the third quarter, helped by a drop in expenses. However, the company posted a decline in net sales. In addition, United Natural Foods has revised its annual guidance
Welcome to our guide to the commodities driving the global economy. Today, reporter Ari Natter explores why big oil companies have so little interest in the Arctic National Wildlife Refuge. President Donald Trump has long touted the Arctic National Wildlife Refuge as the next great frontier for US oil production. Yet the industry’s biggest companies have balked at three opportunities since 2021 to...
Welcome to our guide to the commodities driving the global economy. Today, reporter Ari Natter explores why big oil companies have so little interest in the Arctic National Wildlife Refuge. President Donald Trump has long touted the Arctic National Wildlife Refuge as the next great frontier for US oil production. Yet the industry’s biggest companies have balked at three opportunities since 2021 to acquire drilling rights for ANWR. The political realities that drove those decisions don’t seem to have changed. That was evident on Friday, when not a single oil major participated in an Interior Department lease sale for the area. The auction drew just two bidders : Anchorage-based Hex Energy and the Alaska Industrial Development and Export Authority, a state agency. The fight to prevent drilling in one of North America’s largest intact wildernesses has been a touchstone for environmental activists for decades . ANWR’s 20 million acres of frozen tundra are home to Porcupine caribou and polar bears that could be affected by the roads, pipelines and other infrastructure needed for oil production. Big oil companies are leery of a public backlash and mindful that political winds may shift. Any development of the region’s estimated 11.8 billion barrels of recoverable crude would take years, in which time Trump and his Republican party could be long gone from the White House. “Drillers are very hesitant to take oil and gas from ANWR because by the time oil actually gets to production we could have another Democratic administration — and the very first thing they will do is cancel leases,” Ellen Wald, a senior fellow with the Atlantic Council Global Energy Center, said in an interview. “It’s almost like, what’s the point?” Oil companies’ lack of interest in ANWR is in stark contrast to their enthusiasm for the Alaska National Petroleum Reserve, which lies just a few hundred miles to the northwest. That’s in part because it was specifically set aside roughly a century ago for en...
Zodiac Gold ( ZAUIF ) has expanded its previously announced non-brokered private placement , the company now aims to raise up to C$5M in aggregate gross proceeds, up from the C$4.025M target announced on June 4, 2026. Zodiac will issue up to 14.29M units priced at C$0.35 per unit. Each unit consists of one common share and one-half of a common share purchase warrant. A whole warrant allows the hol...
Zodiac Gold ( ZAUIF ) has expanded its previously announced non-brokered private placement , the company now aims to raise up to C$5M in aggregate gross proceeds, up from the C$4.025M target announced on June 4, 2026. Zodiac will issue up to 14.29M units priced at C$0.35 per unit. Each unit consists of one common share and one-half of a common share purchase warrant. A whole warrant allows the holder to buy an additional common share at C$0.54 for 24 months post-issuance. If the stock's 30-day volume-weighted average price (VWAP) exceeds C$0.65 after four months, the company can accelerate the warrant expiration date to 30 days post-notice. Net proceeds from the C$5.0 million offering will be directly allocated to: escalating the current drill program at the company's flagship Todi Gold Project in Liberia. Advancing asset exploration across Zodiac’s wider portfolio of exploration licenses, and for general working capital purposes. The capital raise is expected to close by June 19, 2026, subject to final regulatory and TSX Venture Exchange approvals. More on Zodiac Gold Inc. Financial information for Zodiac Gold Inc.
The Tema Space Innovators ETF (NYSEMKT: NASA) has been an early winner of SpaceX's plans for an initial public offering (IPO); as of this writing, the exchange-traded fund (ETF) has climbed roughly 33% this year. It invested in SpaceX through a special-purpose vehicle (SPV) and may buy shares after it goes public. As an exchange-traded fund (ETF), however, Tema's long-term success will depend on m...
The Tema Space Innovators ETF (NYSEMKT: NASA) has been an early winner of SpaceX's plans for an initial public offering (IPO); as of this writing, the exchange-traded fund (ETF) has climbed roughly 33% this year. It invested in SpaceX through a special-purpose vehicle (SPV) and may buy shares after it goes public. As an exchange-traded fund (ETF), however, Tema's long-term success will depend on more than how SpaceX performs. Image source: Getty Images. Continue reading
Tony Anderson/DigitalVision via Getty Images QXO ( QXO ) is trying to grow rapidly in a large but fragmented building products market. Building materials distribution is a large sector. That is the kind of market where a good operator can make a difference. But only if scale also leads to better margins. The Q1 figures show why investors should remain cautious. QXO reported revenue of $1.73 billio...
Tony Anderson/DigitalVision via Getty Images QXO ( QXO ) is trying to grow rapidly in a large but fragmented building products market. Building materials distribution is a large sector. That is the kind of market where a good operator can make a difference. But only if scale also leads to better margins. The Q1 figures show why investors should remain cautious. QXO reported revenue of $1.73 billion in the first quarter of 2026. However, QXO generated only $1.2 million in adjusted EBITDA. That means the adjusted EBITDA margin is only 0.1%. QXO can buy revenue. Beacon is already included in the figures and Kodiak closed recently. TopBuild still needs to be added. And if that deal closes, QXO will become a much larger player. But purchased revenue is not the same as profit. At a share price of $15.80, the stock has become more attractive than it was earlier at $26. QXO is interesting if you believe that Jacobs can increase margins in the coming years. Jacobs’ track record helps but Q1 does not prove the thesis yet. That is why I view QXO as a speculative buy. The market seems to be pricing in less perfection after the price drop. Now QXO just needs to prove that it can turn large revenue into profit. QXO’s First Quarter Shows The Problem Q1 2026 Results (QXO First Quarter Results) QXO’s first quarter shows where the problem lies. QXO reported $1.73 billion in revenue and gross profit was $409.3 million. This means that the gross margin itself is not the issue. The problem lies in sales, general, and administrative expenses, as these amounted to $497 million (higher than gross profit). Depreciation and amortization were added on top of that. The net loss was $227.1 million and adjusted for amortization, stock-based compensation, restructuring costs, transaction costs, and transformation costs, it amounted to an adjusted net loss of $57.2 million. That sounds better than the GAAP loss, but in a typical company you can view some items as temporary. With QXO, the situation...
Investing.com -- CoreWeave Inc. is holding calls with European high-yield investors on Tuesday as the AI infrastructure provider evaluates financing transactions that may include dollar and euro bonds, Bloomberg reported Tuesday.
Investing.com -- CoreWeave Inc. is holding calls with European high-yield investors on Tuesday as the AI infrastructure provider evaluates financing transactions that may include dollar and euro bonds, Bloomberg reported Tuesday.
Creative Realities ( CREX ) will be added to the Russell 3000 Index as part of the Russell indexes reconstitution, the company said on Tuesday. The addition will take effect when the US market opens on June 29, 2026. Membership in the Russell 3000® Index, which remains in place for half a year, also means automatic inclusion in the small-cap Russell 2000 Index as well as the appropriate growth and...
Creative Realities ( CREX ) will be added to the Russell 3000 Index as part of the Russell indexes reconstitution, the company said on Tuesday. The addition will take effect when the US market opens on June 29, 2026. Membership in the Russell 3000® Index, which remains in place for half a year, also means automatic inclusion in the small-cap Russell 2000 Index as well as the appropriate growth and value-style indexes. CREX +4.42% to $4.02. Source: Press Release More on Creative Realities Creative Realities targets revenue exceeding $100M with adjusted EBITDA margins in the high teens in coming quarters Creative Realities GAAP EPS of -$0.74 misses by $0.27, revenue of $16.35M misses by $0.17M Seeking Alpha’s Quant Rating on Creative Realities
CharlieAJA/iStock via Getty Images Shares of cybersecurity company SailPoint ( SAIL ) tumbled about 12% premarket on Tuesday despite fiscal first quarter results beating estimates. Q1 Metrics For the fiscal first quarter ended April 30, SailPoint saw revenue grow 22% year-over-year to $280.14M. Adjusted EPS amounted to $0.05. Both top and bottom-line numbers exceeded analysts expectations. "Our st...
CharlieAJA/iStock via Getty Images Shares of cybersecurity company SailPoint ( SAIL ) tumbled about 12% premarket on Tuesday despite fiscal first quarter results beating estimates. Q1 Metrics For the fiscal first quarter ended April 30, SailPoint saw revenue grow 22% year-over-year to $280.14M. Adjusted EPS amounted to $0.05. Both top and bottom-line numbers exceeded analysts expectations. "Our strong start to fiscal 2027, marked by robust top- and bottom-line growth, underscores the critical market demand for comprehensive identity security," said SailPoint's Founder and CEO Mark McClain. The company said annual recurring revenue, or ARR, soared 26% year-over-year to $1.16B. Software as a Service, or SaaS, ARR jumped 36% year-over-year to $781M. GAAP operating loss was -$80M in the first quarter of fiscal 2027, compared to -$185M in the first quarter of fiscal 2026. Outlook For the second quarter of fiscal 2027, the company expects total revenue to be between $308M and $312M (midpoint at $310M), compared to a consensus estimate of $309.69M. Adjusted EPS is expected to be between $0.07 and $0.08, versus a consensus of $0.08. SailPoint expects total ARR to be in the range of $1.218B to $1.222B. Total ARR year-over-year growth is expected to be 24%. The company anticipates adjusted income from operations to be in the range of $56.5M to $57.5M, while adjusted operating margin is forecast to be between 18.1% and 18.7%. For the full fiscal year 2027, the company expects total revenue to be between $1.265B and $1.275B (midpoint at $1.27B), compared to a consensus estimate of $1.27B. Adjusted EPS is forecast to be between $0.30 and $0.34 (midpoint at $0.32) versus a consensus of $0.32. SailPoint forecasts total ARR to be in the range of $1.364B and $1.374B. Total ARR year-over-year growth is expected to be in the range of 21% to 22%. The company anticipates adjusted income from operations to be between $239M and $244M, while adjusted operating margin is forecast to be in t...
hxdbzxy/iStock via Getty Images Information technology stocks have continued to demonstrate strong quantitative momentum, with several companies maintaining Seeking Alpha Strong Buy Quant Ratings for extended periods. A list of IT-sector names highlights companies that have held Strong Buy ratings for at least 60 consecutive days, reflecting sustained strength across valuation, growth, profitabili...
hxdbzxy/iStock via Getty Images Information technology stocks have continued to demonstrate strong quantitative momentum, with several companies maintaining Seeking Alpha Strong Buy Quant Ratings for extended periods. A list of IT-sector names highlights companies that have held Strong Buy ratings for at least 60 consecutive days, reflecting sustained strength across valuation, growth, profitability, earnings revisions, and momentum metrics. Leading the list is Micron Technology, Inc. ( MU ), which has maintained a Strong Buy Quant Rating for 336 consecutive days. Celestica Inc. ( CLS ) follows with 211 consecutive days, while Credo Technology Group Holding Ltd ( CRDO ) has maintained the rating for 189 consecutive days. Lumentum Holdings Inc. ( LITE ) and RF Industries, Ltd. ( RFIL ) also rank among the top performers. The rankings highlight strong representation from semiconductor and electronic manufacturing services companies, with additional exposure to communications equipment and technology hardware. MaxLinear, Inc. ( MXL ), Ichor Holdings, Ltd. ( ICHR ), Sandisk Corporation ( SNDK ), ASE Technology Holding Co., Ltd. ( ASX ), and Arrow Electronics, Inc. ( ARW ) also appear on the list, reflecting continued momentum across the broader technology sector. Seeking Alpha’s Quant Ratings system evaluates stocks on a scale of 1 to 5 using a range of quantitative factors, including valuation, growth, profitability, EPS revisions, and price momentum. Stocks with ratings above 4.5 are classified as Strong Buy. Below is the full list of information technology stocks that have maintained a Strong Buy Quant Rating for at least 60 consecutive days: Micron Technology, Inc. ( MU ) - 336 consecutive days Celestica Inc. ( CLS ) - 211 consecutive days Credo Technology Group Holding Ltd ( CRDO ) - 189 consecutive days Lumentum Holdings Inc. ( LITE ) - 184 consecutive days RF Industries, Ltd. ( RFIL ) - 141 consecutive days MaxLinear, Inc. ( MXL ) - 128 consecutive days Ichor Hol...
SpaceX is slated to be the biggest initial public offering (IPO) ever on the stock market. Management is plans to offer 555,555,555 shares at $135 each to raise $75 billion. To put that in perspective, the most a company ever raised was $26.5 billion by Saudi Aramco in 2019, and the most raised on a U.S. stock exchange was $21.8 billion by Alibaba in 2014. It's a historic moment, and it's planned ...
SpaceX is slated to be the biggest initial public offering (IPO) ever on the stock market. Management is plans to offer 555,555,555 shares at $135 each to raise $75 billion. To put that in perspective, the most a company ever raised was $26.5 billion by Saudi Aramco in 2019, and the most raised on a U.S. stock exchange was $21.8 billion by Alibaba in 2014. It's a historic moment, and it's planned for this week. Here's what to expect . According to Reuters, SpaceX plans to offer as much as 30% of the share sale to retail investors. It's unusual for any IPO stock to go to retail investors, although it's been happening through online trading platforms like Robinhood Markets (NASDAQ: HOOD) and SoFi Technologies (NASDAQ: SOFI) . The company is aiming to raise a lot of money, and it might need the extra demand. Continue reading
Beijing Readies $297 Billion Data Center Buildout Blitz In Bid To Dominate AI Race The US and China are locked in a series of races, with AI now sitting at the center of nearly all of them. This is a race not only to build the leading frontier models, but to deploy them across entire economies, unleash physical AI, and convert compute power into productivity, surveillance, military, and industrial...
Beijing Readies $297 Billion Data Center Buildout Blitz In Bid To Dominate AI Race The US and China are locked in a series of races, with AI now sitting at the center of nearly all of them. This is a race not only to build the leading frontier models, but to deploy them across entire economies, unleash physical AI, and convert compute power into productivity, surveillance, military, and industrial advantage ahead of the 2030s. This is the new world we are entering, and it is moving incredibly fast. The current chapter of this story is the data center build-out phase. It will then eventually extend into space. Goldman has already estimated that US hyperscalers will deploy $800 billion in capex this year alone on AI infrastructure. Across the Pacific, however, the scale of Beijing's data-center buildout had remained relatively opaque until now. China is preparing to unleash a 2 trillion yuan ($295 billion) data-center buildout phase over the next five years, according to a new Bloomberg News report, citing people familiar with the matter, as Beijing and Washington race to ensure their own tech giants are ahead in the frontier model race. The report said the National Development and Reform Commission is drafting plans for a network of interconnected data centers to be operated by state firms such as China Mobile and China Telecom. These data centers are expected to rely heavily on domestic chip suppliers, including Huawei, for at least 80% of core technology. This is a move by Beijing to accelerate the development of its domestic chipmakers by sidelining Nvidia and AMD. More color about the buildout: The over-arching plan represents Beijing's most aggressive endeavor yet to lay the foundation for future Chinese AI development. It recalls the undertakings of years past that marshalled resources to support national champions like Huawei, with the aim of replacing US technology. And it's a key prong of the "Six Networks" program announced earlier this year, covering const...